Mestek (OTCMKTS:MCCK) Stock Price Up 1.6% – Should You Buy?

Shares of Mestek Inc. (OTCMKTS:MCCK – Get Free Report) were up 1.6% on Tuesday. The stock traded as high as $62.00 and last traded at $62.00. Approximately 1,399 shares were traded during trading, an increase of 95% from the average session volume of 717 shares. The stock had previously closed at $61.00.

Mestek Price Performance

The firm has a 50 day moving average of $63.68 and a two-hundred day moving average of $66.72. The stock has a market cap of $460.55 million, a PE ratio of 52.59 and a beta of 0.55.

Mestek (OTCMKTS:MCCK – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($5.41) EPS for the quarter. The business had revenue of $106.14 million for the quarter.

Mestek Company Profile

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Mestek, Inc. is a U.S.-based manufacturer of heating, ventilation and air conditioning (HVAC) equipment and related building products. Its offerings include heating systems, air-handling and air-distribution products, HVAC controls, and equipment used in sheet-metal fabrication. The company also makes architectural metal products and machinery for forming and processing metal. Its products serve residential, commercial and industrial building applications. Mestek traces its roots to a sheet-metal business established in Westfield, Massachusetts, in 1946.

Further Reading

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